Kirkland
Expert Debt Solutions - Consumer Proposals & More
Kirkland, debt help, Quebec
Kirkland, Quebec, offers a community-oriented lifestyle with parks and schools but faces challenges due to rising living costs, including groceries and utilities. Limited job opportunities can strain finances, complicating expenses. Residents seeking “debt relief” may find it increasingly difficult to manage daily financial pressures, highlighting the need for effective debt management solutions.
City: Kirkland
Province/Territory: Quebec (QC), Canada
Est. Population: 19,413
Financial Challenges
Living in Kirkland, Quebec can be tough if you’re having money problems. Prices for things like groceries and electricity are going up, which makes it harder to afford what you need every day. You might also have to spend more on things like car registration and parking tickets, which can make your budget even tighter.
Working in Kirkland might also be challenging. If there aren’t many job opportunities or if jobs don’t pay well, it can be hard to earn enough money to cover your expenses. With rising costs and limited income, saving money or paying off debts becomes difficult, making life feel even more stressful.
Debt Relief Solutions Available
Financial Planning
You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.
Find out more about Financial PlanningDebt Management Plan
Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.
Find out more about Debt ManagementDebt Consolidation
Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.
Find out more about Debt ConsolidationDebt Settlement
Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.
Find out more about Consumer ProposalsBankruptcy
Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.
Find out more about Bankruptcy
*Illustration of Kirkland, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 9,124 |
| Living in poverty | Number of residents who are living in poverty | 2,155 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 212 |
| Insolvencies | Number of residents who filed for insolvency | 49 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 37 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 12 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Kirkland Village: A vibrant area known for its shopping centers, restaurants, and community events. The heart of Kirkland, it features a mix of residential homes and businesses, making it a convenient place for both living and leisure.
Lac des Deux Montagnes: This picturesque neighborhood is renowned for its scenic views of the lake and surrounding nature. It’s a popular spot for outdoor activities, such as kayaking and biking, attracting families and nature enthusiasts.
Valois: A charming area characterized by its tree-lined streets and family-friendly atmosphere. Valois offers a mix of housing options, parks, and local shops, making it a desirable community for young families.
Kirkland Heights: Known for its elevated position, this neighborhood provides stunning views and spacious homes. The area is peaceful, with plenty of green spaces and walking paths, appealing to those looking for a quieter lifestyle.
Terrasse de l’Aqueduc: A newer development within Kirkland, this area features modern homes and amenities. Ideal for young professionals and families, it offers proximity to parks and recreational facilities, making it a sought-after neighborhood.
Illustration of Kirkland, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Kirkland, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average Cost |
|---|---|---|
| Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,270 |
| Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
| Average Home Price | Average price to purchase a home | $502,000 |
| Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
| Food (Single) | Monthly grocery cost for a single person | $300 |
| Food (Family) | Monthly grocery cost for a family of four | $850 |
| Healthcare (Rx) | Monthly cost for prescription medications | $35 |
| Healthcare (Dental) | Monthly cost for dental care | $200 |
| Healthcare (Vision) | Monthly cost for vision care | $225 |
| Transportation (Public) | Monthly cost for public transit | $1,270 |
| Transportation (Car) | Monthly cost for car ownership | $550 |
| Childcare (Daycare) | Monthly cost for daycare | $650 |
| Childcare (After-School) | Monthly cost for after-school programs | $300 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the current cost of living in Kirkland, Quebec?
- How has the economic outlook for Kirkland changed in recent years?
- What financial challenges do residents of Kirkland commonly face?
- How do housing prices in Kirkland compare to neighboring areas?
- What are the average household incomes in Kirkland?
- Are there any financial assistance programs available for residents in Kirkland?
- How does the job market in Kirkland impact local residents’ financial stability?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located on the Island of Montreal in Quebec, this suburb is known for its family-friendly atmosphere and community-oriented lifestyle. It features a mix of residential areas, parks, and recreational facilities, making it a great place for outdoor activities and sports. The location has a diverse population and offers various schools and local businesses, contributing to a strong sense of community. With easy access to major highways and public transportation, it is well-connected to the rest of the Greater Montreal area, allowing residents to enjoy both the tranquility of suburban life and the amenities of the nearby urban center.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!